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The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018. Illustration: Uttam Ghosh/Rediff.com The government’s announcement in the Union Budget on Thursday to merge three State-owned ...Rediff.com, 2 weeks ago